Masterbatch is an additive in solid and liquid form. It is a concentrated pigment used to impart and enhance the properties of plastic and packaging materials. Masterbatch is used in packaging of food and beverages, industrial goods and consumer goods. UV resistance, anti-slip, lubrication and flame retardation are featuring aspects imparted by masterbatch additives to base plastic.
Masterbatch is extensively used in packaging industry owing to high benefits provided by it. Applications segment the global masterbatch market into building & construction, textiles, packaging, automotive, consumer goods and others. Based on products type global masterbatch market is classified as black, white, additives, color and filler masterbatch. Packaging is the most prominent application segment for masterbatch market. Followed by packaging consumer goods and building & construction are significant application segments empowering the growth this market. Color masterbatch is the major segment used in construction and automobile industry.
Extensive use of plastic in packaging industry is the most significant factor to upsurge the growth of global masterbatch market. Moreover, Increasing industrialization and Rise in the consumption of packaged food and beverages is fueling the growth of this market. Innovations in packaging products by vendors to increase product sale is expected to open new opportunities for this market. Rapid growth in the automobile industry is expected to drive this market for the forecast period.
This report is segmented by geography as North America, Europe, Asia Pacific, Latin America and Middle East and Africa. Geographically Asia pacific is the fastest growing market. China is the major reason behind growth of masterbatch market In Asia Pacific followed by India. Europe and North America are dominant regions of this market with rapid growth over the forecast. Leading companies in the global masterbatch market are Ampacet Corporation, Ferro Corporation, A. Schulman Inc., Clariant International Ltd., GABRIEL-International Ltd., CHEMIE GROUP, PolyOne Corporation and Americhem Inc.
Decision Databases is involved in providing research reports and company profiles in the global masterbatch market in terms of revenue and output/volume. Market drivers, opportunities and restraints are thoroughly studied which influences the market. This study is further utilized for the overall analysis of the market. The masterbatch market is segmented based on the global applications, geographic presence, by products and ingredients. We offer an inclusive category-specific market outlook. We provide access to a comprehensive collection of companies in the industry. The companies can strategize and execute business operations through our competitor analysis. Find the global industry analysis, market size, share, growth, and trends information in our masterbatch profiles.
SEGMENTATIONS IN REPORT:
Masterbatch By Product Type:
1. INTRODUCTION TO THE MASTERBATCH MARKET
2. EXECUTIVE SUMMARY
3. MARKET ANALYSIS OF MASTERBATCH
4. MASTERBATCH MARKET ANALYSIS BY PRODUCT TYPE
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